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| Exchange Received Time 07/09/2017 17:10:38 Exchange Disseminated Time 07/09/2017 17:10:44 Time Taken 00:00:06 | Sub: Issuance of Commercial Paper
We wish to inform you that the Company has issued Commercial paper of Rs. 20.00 Crore value dated 7th September, 2017 having maturity on 6th December, 2017.
The aforesaid issuance of commercial paper is to reduce high interest bearing cash credit limits and in turn reducing cost of borrowing.
Please treat this as Compliance of Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and take the same on your record.
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